Determine the beta of QTax based on the following information: Market expected return is 8 percent;

Question:

Determine the beta of QTax based on the following information:
• Market is 8 percent; standard deviation is 3 percent
• Risk-free rate is 3 percent
• Current is $4.50
• growth rate is 5 percent
• Current stock price is $25

Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Expected Return
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these...